K92 Mining Inc (KNT-T)

Papua New Guinea is not the safest place. Numbers seem pretty good, but the sentiment is that nobody cares anymore.

Located in Papua New Guinea. It was opened by a renowned man who searched the world with his renowned team as to which project to start up. They settled on this as the best assets in the ground in the Gulf sector. Have been making some good discoveries.

He knows management from several prior adventures where they had good results. He does not yet see the size in this one necessary to temp him.

They would like to build a gold mine in Papua New Guinea. He believes in this. It is an extremely interesting asset.

A high-grade deposit in Papua New Guinea. The land package is great and the exploration potential is really good, but what they are doing is mining narrow high grade veins. The previous company was not able to do this. Until they can show they can make money mining those veins, it’s not something he would be interested in. There are a lot of promoters pushing things, and you want to be careful.